Emily Smith

Emily Smith

Celebrity News

Natural gas billionaire picks up another property

Natural gas billionaire and prolific property purchaser Michael S. Smith is at it again.

After Page Six exclusively revealed the Freeport LNG Development chairman and CEO is the buyer of the $110 million oceanfront lot in East Hampton, we can report that he also bought the penthouse of Tribeca’s 250 West for $30 million.

The 7,200-square-foot pad reportedly had been shopped to celebs like Leo DiCaprio and Rihanna because of its private entrance.

Smith will this week close on three Lily Pond Lane properties sold by hedge funder Scott Bommer. It’s the second-most expensive Hamptons purchase, after investor Barry Rosenstein’s $147 million buy of an 18-acre East Hampton property.